@Anastasia Kristina I found a few markets in Ontario and Quebec that have great cash flow, good and constant increases in property value while being stable markets (low vacancy, high rent to purchase ratios, above average population growth).I like Outaouais, Laurentides, Lanaudieres, Estrie and certain pockets of Montreal in Quebec.

Sure, you can spend days drawing lines that connect boxes on some Donald Trump level real estate empire org chart in an effort to gain anonymity and avoid liability, but, at the end of the day, what protects business owners is adequate insurance and acting intelligently."

@Raj G.First thing, did you get a copy of the insurance binder that shows you as "loss payee"?

Currently I run an online business, and part of the reason for the desire to get involved with a rental property is that I see rental properties as a smarter and more stable long term investment as compared to an online business that can dry up in a few years time.Currently I live in a very low income city on the east coast.

The next day I have the docs notarized and arrange title/property insurance, then we meet and exchange loan docs/insurance/checks and pay for the auction.

. ;) That being said, make sure you find someone reputable, bonded, and insured.

I would like buy and hold for rent, and the numbers are:Purchase Price: 59.900€ARV: 70.000€Closing cost: 8.000€Rehab: 2.000€Annual Taxes: 480€Down Payment: 30%Loan Interest: 2.6%Years: 30Gross Monthly Rent: 450€Monthly Insurance: 65€Other Monthly Exp.: 20Vacancy: 5%Rep.

Maybe your insurance covers this? 

Hire a bonded, insured landscaping company, increase rent or add fee.3.

And cross your fingers Make your insurance is paid